I played around a bit in finchat today. It has a very good screening function where you can filter by several parameters. Among other things, I noticed the share from DE $DE000RENK730 (-2,78 %) caught my eye. The chart after the IPO actually looks completely like many other shares after the IPO. Either shares are sold off immediately after the IPO or you first see a parabolic rise followed by a sell-off. At some point, -30% to sometimes -70% below the listing price, they then usually form a bottom, similar to $PLTR (-0,28 %) $SOFI (-1,98 %) $NU (+0,61 %) $ENR (+5,94 %) $COIN (-3,83 %) $HIMS (-3,29 %) . With the given growth prospects, the share could become quite interesting after another halving of the price. Does anyone here have them on their radar?
The first three months after the IPO are very important, after that it's the year. Finchat is mega good, simply innovative and if you write to the developer or founder, they usually respond with the new function on the same day.
I will part with Renk if I am above the entry value. Of course, things could look better after a few years. But unfortunately it has to be said that there are other companies in the segment that have performed much better in the meantime and will continue to do so. 🤦🏽♀️
Today I entered the RENK Group with a small position!
I will continue to expand the position in the near future.
The Renk Group develops and produces various drive solutions for the civil and military sectors. The military sector in particular has meant that the company's books are well filled for the coming years.
From a personal point of view, I can say that I have heard nothing but positive things about the corporate culture and the general vision in several interviews. I think RENK has great potential!
-no investment advice-
I would be happy about a lively exchange about the company RENK!
